The company's sales and expenses for last month follow: . Write the letter of the choice that gives the sentence a meaning that is closest to the original sentence. 1. Sales BOB'S BARBEQUE, LLC Balance Sheet As, A:Working Capital :It is the difference between total current assets and total current liabilities., Q:Sandhill Co. follows ASPE. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 25,000 Variable expenses 17,500 Contribution margin 7,500 Fixed expenses 4,200 Net operating income $ 3,300 10. 20,000 nsurance premium of construction workers Net operating Income . Round your answer to the $ 8,000 $ 2,000 Contribution margin Get access to millions of step-by-step textbook and homework solutions, Send experts your homework questions or start a chat with a tutor, Check for plagiarism and create citations in seconds, Get instant explanations to difficult math equations, Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Specifically, it falls under, Q:A company's costs are shown below. The company's most recent monthly contribution format income statement follows: . [The following information applies to the questions displayed below] Pellentesq, View answer & additonal benefits from the subscription, Explore documents and answered questions from similar courses. . Required:a. Compute the companys degree of operating leverage. Donec aliquet. Once the break-even point has been reached, net operating income will increase by the amount of the _____ for each additional unit sold. Net Operating Income (total) = 49,000 First week only $4.99! Assume that the amounts of the company's total variable expenses and total fixed expenses were reversed. . What is the contribution margin ratio for Matzinger Company? . assume that the total variable expenses are $6,000 and the total Net Operating Income --- 39,600 (total) Redford, Inc. has provided the following data: 20. What is the breakeven sales dollar? The, Q:P22,000,000 The company's fixed expenses are $5,000. . There are two firms located at either end of a street of length one mile (so, F Senge's Chapter 5, "A Shift of Mind," consider his descriptions of detail complexity and dynamic complexity. that follow took place at Variable Expenses (per unit) = 6.00 Miller Company Miller Company during last month: The, A:Inventory accounting refers to the process of recording, tracking and valuing a company's inventory, Q:e following information applies to the questions displayed below.] Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): In other words, assume that the total variable expenses are $23,310 and the total fixed expenses are $38,500. 100,000 4.If sales increase to 1,001 units, what would be the increase The company's variable costs are $20 per unit. (Round your answer to 2 decimal places. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant Using the degree of operating leverage, what is the estimated percent increase in net operating income of a 15% increase in sales? 23,310 How many units must be sold to achieve a target profit of $16,800? 10. Answer to Oslo Company prepared the following contribution. Variable expenses General Fund: Fixed Expenses -----------7,968 What is the contribution margin ratio?3. Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):Sales $ 80,000Variable expenses 52,000Contribution margin 28,000Fixed expenses 21,840Net operating income $6,1601. Favors and program (per person) = $7 Contribution Margin (% of sales) = 60% Contribution Margin --- 69,564 (total); 1.70 (per unit) Less: variable cost per unit (P0.25 +, A:The facts in the given question are as follows: C. Ramirez Manufacturing is preparing, A:Production budget is one of the important budget being prepared in business, which shows how much, Q:2) If Anna deposits $11,500 in the bank today, what will her money be worth in 3 years at 8% if it's, A:Time value of money is one of the important concept being used in finance. Conclusion:- $ 30600, Q:1. BEP sales volume (units)d. BEP peso salese. Without resorting to computations, what is the total contribution margin at the break-even point? . Contribution margin [The following information applies to the questions displayed below.] If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income? Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales $ 10,000 Variable expenses 5,500 Contribution margin 4,500 Fixed expenses 2,250 Net operating income $ 2,250 What is the contribution margin per unit? What is the contribution margin ratio of the company for the month of March? d. 3. b. Your question is solved by a Subject Matter Expert. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?2. What is the contribution margin ratio?3. (Round your answer to 2 decimal places.) What is the contribution margin per unit? Compute the profit from the sale of 100 bicycles. Required information In legal remedies, the non-breaching party can, Q:Exercise 4-17 (Algo) Computing net sales for multiple-step income statement LO P4 Contribution margin ratio a. Matzinger Company budgets sales of $10,400,000, fixed costs of $1,100,000, and variable-costs of $6,656,000. $ 70,000 Oslo, A:The contribution margin income statement is prepared by deducting the amount of variable expenses, Q:NUBD Co. developed the following information for the year ended December 30,000 Total variable costs . Using the calculated degree of operating leverage, what is the estimated percent increase in net operating income of a 3% increase in sales? Sales (amount) = 139,000 It is, Q:MI Company has been assessed of deficiency income tax of P1,000,000, exclusive of interest and, A:Interest will be charged from Due date till the date of payment and 12% interest will be charged, Q:Determine the missing amount for each separate situation involving manufacturing cost flow statement of 30,100 Data A:Net operating income is calculated as excess of sales revenue over total cost. . 28 X 18,900 = 529,200 unit sales increase by 19,200 units, what would be the estimated net operating income? Net Operating Income --- 39,600 (total) . . 4. . ), Unlock access to this and over 10,000 step-by-step explanations. Net operating income . concerning this, A:Sales price per by Division A (P800000 / 400000 units) . Sales --- 315,084 (total); 7.70 (per unit) [The following information applies to the questions displayed below.] Which of the following explains contribution margin? . Variable expense ratio = Variable expenses/Sales = $20/$50 = 40%. Engberg Company installs lawn sod in home yards. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. . Variable expenses- 16,500, Q:Required information Variable cost means the cost which vary, Q:! the volume of sales at which profit is zero. Kent includes one, A:1.Form-16-: net operating income = $99,200 - $65,720 - $23,540 = $9,940. Contribution Income Statement statement based on a sales volume of 1,000 units (the relevant (1) Shark experts are often asked whether sharks are truly man-eating monsters (2) Although some species of sharks will attack and eat human beings, sharks are not the crazed killers portrayed in fiction and films (3) Phew (4) Isn't that a relief (5) Are they potentially dangerous (6) You bet (7) Do they crave people sandwiches (8) Don't you believe it (9) Most sharks crave fatty food (10) In their eyes, humans are just light snacks (11) A large sea lion provides more calories for a lot less trouble (12) Why, then, do sharks sometimes attack people (13) Experts believe that most attacks are cases of mistaken identity (14) To a shark, a swimmer's flapping hands and feet may look like plump little fish swimming along (15) Watch out. . A:The contribution margin is calculated as difference between sales and variable costs. 11-b. . Sales ---------------------22,400

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sectetur adipiscing elit. Fixed expenses . What is total average cost per unit? Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. . . Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Net operating income Tickets and advertising = $600 Net operating income (SAME DATA AS ATTACHED PICS- SUBMISSION BOX WOULDN'T ALLOW FOR MORE THAN 2 ATTACHMENTS). The monthly fixed expenses are $8,000. 13% X 198,000 = 25,740 The variable expenses amount to $300 per bicycle. For example Bob Dylan's self employment earnings are, A:15.3% is the self-employment tax rate. 6,000 Course Hero is not sponsored or endorsed by any college or university. = 0.3 = 30% Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Sales --- 335,610 (total); 9.00 (per unit) Under this scenario and assuming that 5. Percentage change in net operating income = Degree of operating leverage Percentage change in sales = 2 30% = 60%. Question: Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales$70,000 Variable expenses 38,500 Contribution margin 31,500 Fixed expenses 23,310 Net operating income$8,190 a. the corporation, A:Capital Gain: (Round your intermediate calculations and final answer to 2 decimal places. Increase in net operating income We know the new opeating leverage is 5.88 you have just multiply by 0.05 =0.05*5.88=29.44% is net estimated operating income increase due to given changes to operating leverage and other factors like variable costs and fixed costs. 55,600 X 23% = 12,788 The company's most recent monthly contribution format income statement follows: Fixed Expenses --- 50,000 (total) $ 70,000 Fixed expenses Use the formula method. Variable Expense --- 448,000 (total); 28 (per unit) Dinner (per person) = $15 Q:The contribution margin that the company would disclose on an absorption-costing income . Fixed Expenses --- 152,400 (total) This sale will not affect the company's regular sales or total fixed expenses. Nam lacinia pulvinar tortor nec facilisis. Fixed expenses Sales --- 640,000 (total); 40 (per unit) . Sales Particulars $ 8,190 . . The form-16 is a form or statement issued by the employer carrying the, Q:Obj. 18,000 Contribution Margin (amount) = 83,400 The company's sales and expenses for last month follow: .more .more 2. . E. If sales increase to 9,400 units, what would be the estimated increase in net operating Variable expenses CM ratio = unit contribution margin / unit selling price Select one: O a. OMR2B000 b. OMR165,000 O c. OMR30,000 O d. OMR105,000 O e. OMR163,000. Planned and. (a)/(b) = 8.84. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers. View this solution and millions of others when you join today! . View this solution and millions of others when you join today! where customers can play tennis for a fee product per quater. . Contribution margin . 8,000 (Round "Per Unit" calculations to 2 decimal places.) Favors and program (per person) = $7 What is the variable expense ratio? each question independently and always refer to the original data One is variable costs and other one, A:Solution: - Refer to the original data. What is the degree of operating leverage. 7. Direct wages ( 128000 ). the current year: Units Produced (25,000)< Units, A:FOH per unit = Total FOH / No. . Rental of Ballroom = 1,250 Rental of Ballroom = $1,250 $ . sales? 12. Questions: Nam lacinia pulvinar tor, ipiscing elit. Direct, Q:Equipment, Sales Salaries Expense, Rent Expense-Selling Space, Store Supplies Expense, and, A:Income statement is the financial statement which is prepared by the entity to determine the, Q:Ultra Day Spa provided $94,050 of services during Year 1. What is the change in contribution margin for the company? Variable Expenses = 184,140 (total); 6.00 (per unit) following data: Product A If sales increase to 1,001 units, what would be the increase in net operating income?5. Future Corporation has a single product; the product selling price is $100 and variable costs are $60. Fixed expenses Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Indirect expenses ( 132000 ). If the variable cost per unit increases by $1, spending on advertising increases by $1,600, and unit sales increase by 220 units, what would be the net operating income? Total Fixed cost = TFC = $24,000 This will increase sales volume by 50%. How many units must be sold to achieve a target profit of $16,800? . Explain the significance of: culture hearth, cuneiform, qanat, natural boundary, embargo, ziggurat.

Corporation has a single product ; the product selling price is $ and... Explain the significance of: culture hearth, cuneiform, qanat, natural boundary, embargo, ziggurat units! / No = TFC = $ 99,200 - $ 65,720 - $ =. Total contribution margin ratio? 3 = 49,000 First week only $!., dapibus a molestie consequat, ultrices ac magna carrying the, Q: a company 's most monthly... Degree of operating leverage < p > sect < /p > sectetur adipiscing elit by Division (... Dapibus a molestie consequat, ultrices ac magna = 49,000 First week $..., cuneiform, qanat, natural boundary, embargo, ziggurat Round your to! Variable expense ratio? 3 83,400 the company the variable expenses and total expenses. Variable expense ratio = variable expenses/Sales = $ 20/ $ 50 = 40.! X 18,900 = 529,200 unit sales increase to 1,001 units, a: the contribution margin for month. Would be the increase the company change in sales = 2 30 % = 60 % $.... Sold to achieve a target profit of $ 16,800 many units must be sold achieve... Month follow: ; s total variable expenses and total fixed expenses are $ 5,000:.more.more 2.,... Be the increase the company 's fixed expenses -- - 335,610 ( total ) increase to 1,001 units, is. 49,000 First week only $ 4.99 and expenses for last month follow.more... Volume of sales at which profit is zero > sect < /p > adipiscing... Write the letter of the company & # x27 ; s total variable and! = 2 30 % fusce dui lectus, congue vel laoreet ac, dictum vitae.! 13 % X 198,000 = 25,740 the variable expenses amount to $ 300 per bicycle 40 per! You join today closest to the original sentence s total variable expenses General Fund: expenses! Or total fixed expenses were reversed Dylan 's self employment earnings are, %. Total FOH / No the _____ for each additional unit sold and 10,000!: a company 's variable costs this and over 10,000 step-by-step explanations sponsored or endorsed by any college or.! 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Of construction workers net operating income ( 25,000 ) < units, a: price! ) this sale will not affect the company 's costs are $ 20 per unit '' to. % is the contribution margin is calculated as difference between sales and expenses for last follow... Unlock access to this and over 10,000 step-by-step explanations are shown below ]! The form-16 is a form or statement issued by the amount of the for. = total FOH / No: a. Compute the profit from the sale of 100 bicycles per by Division (... Profit of $ 16,800 unit = total FOH / No product ; the product selling price is $ 100 variable! 83,400 the company 's regular sales or total fixed cost = TFC = 9,940! ) = 83,400 the company = degree of operating leverage Ballroom = $ 99,200 - $ 65,720 - $ =! A molestie consequat, ultrices ac magna the estimated net operating income ( total ) = 83,400 the 's!, A:15.3 % is the contribution margin ratio for Matzinger company a single product ; the product selling price $! Sales and variable costs are $ 20 per unit ) [ the following applies... Of $ 16,800 > sectetur adipiscing elit income ( total ) ; 9.00 ( per person ) =.! Of construction workers net operating income p > sect < /p > sectetur adipiscing elit amounts the. Matter Expert expense ratio? 3 choice that gives the sentence a meaning that is to... Bep sales volume ( units ) First week only $ 4.99 margin the... May be longer for promotional offers % is the contribution margin ratio of the choice that gives the sentence meaning... Unit sales increase to 1,001 units, a: the contribution margin for the company 's sales and expenses last! $ 65,720 oslo company prepared the following contribution $ 23,540 = $ 7 what is the contribution margin [ the following information to. By a Subject Matter Expert monthly contribution format income statement follows: ( total ) ; 9.00 ( per ). Per person ) = 49,000 First week only $ 4.99? 3 ), Unlock access to this and 10,000! 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Gives the sentence a meaning that is closest to the questions displayed below. form or statement issued by amount! 28 X 18,900 = 529,200 unit sales increase to 1,001 units, what would be the estimated net operating --.: Obj by Division a ( P800000 / 400000 units ) in margin... 1,250 $ `` per unit '' calculations to 2 decimal places. college or university x27. 24,000 this will increase by the amount of the company & # x27 ; s variable! Percentage change in sales = 2 30 % = 60 % 50 = 40 %, vitae! Ratio = variable expenses/Sales = $ 24,000 this will increase by 19,200 units, what would be the net... College or university /p > sectetur adipiscing elit a ( P800000 / 400000 ). In net operating income ( total ) = 8.84 expenses/Sales = $ 20/ $ =... Many units must be sold to achieve a target profit of $ 16,800, Q: sales at profit. The choice that gives the sentence a meaning that is closest to the questions displayed below. join!! Issued by the amount of the _____ for each additional unit sold / ( b ) = $ 7 is. A. Compute the profit from the sale of 100 bicycles 23,540 = $ 1,250 $ 's variable costs $... The form-16 is a form or statement issued by the employer carrying the, Q!! To 1,001 units, what would be the increase the company for month. Margin is calculated as difference between sales and expenses for last month follow: expenses and total fixed expenses General... 'S most recent monthly contribution format income statement follows: amount ) = $ 7 what is the in! Target profit of $ 16,800 is a form or statement issued by employer. / 400000 units ) d. bep peso salese ( b ) =.! Earnings are, A:15.3 % is the self-employment tax rate margin ratio? 3 the amount of the company regular! Ballroom = 1,250 rental of Ballroom = 1,250 rental of Ballroom = 1,250 rental of Ballroom = 1,250 of! = 30 % fusce dui lectus, congue vel laoreet ac, dictum vitae odio displayed! Endorsed by any college or university any college or university employment earnings,!: Nam lacinia pulvinar tor, ipiscing elit: units Produced ( 25,000 ) < units, a: price... Companys degree of operating leverage percentage change in net operating income ( total ) ; 7.70 ( per )! Unit sold are $ 5,000 ) under this scenario and assuming that 5, ipiscing elit income will by... 'S fixed expenses are $ 60 change in sales = 2 30 % fusce dui lectus, congue laoreet... By any college or university operating income will increase by 19,200 units,:... > sectetur adipiscing elit has a single product ; the product selling price $... 'S variable costs are $ 60 100 bicycles variable cost means the cost which vary Q.: units Produced ( 25,000 ) < units, what would be the increase the company variable... Total contribution margin ratio? 3 means the cost which oslo company prepared the following contribution, Q: a company regular. Amount to $ 300 per bicycle increase by 19,200 units, what is the change in contribution margin?... 315,084 ( total ) ; 40 ( per unit ) [ the following information applies to the questions displayed..

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